The highest entity in the FI organization is Company, followed by Company Code. Company represents an entity that consists of one or more Company Codes below it. Company Code represents the smallest entity for which you are preparing a financial statement of account for external reporting purposes.
The important organizational structure of controlling includes:
§ operating concern the top-most reporting level for profitability analysis and sales and marketing controlling).
§ Controlling area central organization in ‘controlling,’ structuring internal accounting operations).
§ Cost Centers (lower-most organizational units where costs are incurred and transferred).
The major Organizational Elements of MM include:
§ Purchasing Organization
§ Plant
§ Storage Location
The important Organizational Elements in SAP Sales & Distribution include:
§ Sales organization
§ Distribution channel
§ Division
§ Sales area
§ Sales group
§ Sales person
Company Code is a legal entity for which financial statements like Profit
and Loss and Balance Sheets are generated. Plants are assigned to the
company code, Purchasing organization is assigned to the company code,
and Sales organization is assigned to the company code.
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